March 2009
You are browsing the archive for March 2009.
10 Advantages to Owning Multifamily Properties
In these tough economic times, people are looking for sound investment opportunities. People desire investments that are low risk but yield great returns. Such opportunities are hard to come by. Owning multifamily properties offers you the best of both worlds. Here are 10 advantages of owning multifamily properties. 1. You can outsource your property management [...]
4 Components Needed to Create Wealth Through Real Estate Investments
It is probably pretty safe to say that everyone is looking to create wealth. Real estate investing is an excellent venue through which you can create massive wealth. There are four components in real estate investing that you need to accomplish this goal. These components are specialized knowledge, marketing, systems and mindset. Specialized knowledge encompasses [...]
It’s Easier to Raise Huge Money than Small Money
It took me awhile to figure this out. But it’s actually easier to raise large amounts of money than small amounts. For example, today, you can get 100% financing on $5 Million deals, often easier than raising $50,000. Why? Because there’s more “cheese” in the big money deal for everyone. Whoever it is, they make more money [...]
Why Private Money Has Never Been Easier
With crisis comes opportunity, for those who are looking for it. So what’s the opportunity with the economic crisis? It’s this… What’s left of stock equity has exited Stage Right into temporary safe havens like CD’s – yielding 1%. And now that the emotion has died down, these CD investors have come to realize that [...]
Aha Moment Video: Secure YOUR Financial Freedom!
Two students of Lance Edwards’ Mutlifamily Success LIVE event share their enthusiasm: “We just finished a LIVE event with Lance Edwards and it was great!” We learned a lot…a whole lot! We put some knowledge into this man’s head. One day, he’s going to grow up…and I’m going to work for him probably, but first [...]
Interview with Apprentice Jim Craig
Jim Craig, a member of my multifamily apprentice group, was recently interviewed about apartments, the economy, and how he’s creating success in today’s market. Jim stresses the importance of mindset and how mindset can overcome today’s economic conditions.
3 Ingenious Ways to Structure Your Multifamily Property Deal
There are some very ingenious ways to get your multifamily property deals done. Three of the lesser known avenues for obtaining private funds are the wrap around mortgage, splitting off the property and the option. Here we will examine how each of these options work. Wrap Around Mortgage: this is the scenario where you will [...]
401k, HELOC and Other Options You Can Use to Fund Your Real Estate Deal
Are you still looking for inventive ways to get your multifamily property deal done? The venues that you can utilize to get your deal done are numerous. Below are ten more possibilities for you to consider. 1. Triple New Lease Option – This is where you lease the property from the seller and you pay [...]
Aha Moment Video: You can quit your day job
No goal is too high or dream too big when dealing with multifamily investing. Hear one student’s dream of quitting his day job: “My brother and I, we can quit our J-O-B’s if we can get a 200 unit apartment project!”
MAPS To Guide You Through Multifamily Deals
Once you have made the decision to start doing multifamily property deals, you might find the whole process a little intimidating. It does not need to be. It is simply a matter of following your MAPS. MAPS stand for Mindset Accountability Practice and Showing Up. Your mindset can be your greatest asset or your greatest [...]